UBS (Lux) Key Selection SICAV - Global Equity Value Opportunity (USD) P-acc, USD

This actively managed fund aims to invest in equities and other equity interests of companies in developed markets worldwide on the basis of a value approach. The fund uses the benchmark MSCI World (net div. reinvested) for performance comparison, risk management and for portfolio construction. Although a portion of the portfolio may be invested in the same instruments and at the same weightings as the benchmark, the Portfolio Manager is not bound by the benchmark when selecting instruments. In particular, the Portfolio Manager may, at its discretion, invest in securities not included in the benchmark and/or structure the proportion of investments in sectors differently from their weighting in the benchmark in order to take advantage of investment opportunities. In times of high market volatility, the fund's performance may therefore deviate significantly from the benchmark. The fund's return depends primarily on the performance of the equity markets, exchange rate fluctuations and on dividend distributions. This sub-fund promotes environmental and/or social characteristics but does not have a sustainable investment objective. The sub-fund may enter into securities lending transactions.